Two Factors That Influence the Selection of a Water Heater

question 12

Multiple Choice

Two factors that influence the selection of a water heater are:

• A)color of tank and type of fuel available
• B)type of fuel available and energy costs associated with fuel
• C)energy costs associated with fuel and time to install
• D)time to install and type of fuel available

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Definitions:

Direct Labor Hours

Direct Labor Hours are the total hours worked by employees directly involved in the production of goods or services.

Budgeted Costs

Anticipated expenses for a specific period of time, used for planning and control purposes.

Cost Centers

Parts of an organization where costs can be traced, but direct revenues are not generated, used for budgeting and cost management purposes.

Performance Report

A document or record that outlines the performance of a specific activity or function within a set period, usually compared against set goals or standards.